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Bank of Spain lifts growth forecast to 2.6% but warns of housing shortfall and higher energy bills

News Desk9th October 202613th October 2026

9th October 202613th October 20261862

Spain’s economy is expected to grow by 2.6% this year, according to an upgraded Bank of Spain forecast, although the central bank warns that stronger...

Spain to cap household gas price rise at 15% as energy costs climb ahead of winter

News Desk29th September 20269th October 2026

29th September 20269th October 20261459

Spain’s government is preparing a third package of measures in response to the economic effects of the war in the Middle East, with a cap...

Spain keeps largest nuclear plant open until 2030 but maintains 2035 phase-out

News Desk14th August 202619th August 2026

14th August 202619th August 20261994

Spain has extended the operating life of the Almaraz nuclear power station until June 2030, delaying what was due to be the first stage of...

Spain raises 2026 growth forecast to 2.6% despite Middle East conflict

News Desk29th June 20266th July 2026

29th June 20266th July 20263867

The Spanish government on Monday raised its economic growth forecast for 2026 to 2.6%, up from its previous estimate of 2.2%, arguing that the country’s...

Bank of Spain maintains growth outlook but raises inflation forecast amid Middle East tensions

News Desk19th June 202624th June 2026

19th June 202624th June 20262892

Spain’s central bank has maintained its economic growth forecasts while raising its inflation outlook, warning that higher energy prices linked to the conflict in the...

Spotlight: the ‘Solar Tycoon’ taking his Marbella company national

Features8th June 20269th June 2026

8th June 20269th June 20263593

At 31, a Scottish civil engineer moved to Marbella, became co-owner and CEO of a small local solar company, and built it into one of...

Spain to phase out electricity and gas tax relief from 1 June as inflation eases

News Desk15th May 202619th May 2026

15th May 202619th May 20263066

Spain’s temporary VAT (IVA) reductions on electricity and natural gas will come to an end on 1 June after energy prices eased, meaning households will...

Spain signals support for EU jet fuel sharing as imports from US & Nigeria increase

News Desk21st April 202627th April 2026

21st April 202627th April 20261995

Spain is prepared to play an active role in any European Union initiative to share jet fuel reserves and is open to the idea of...

Spain joins four other EU nations in urging tax on energy firms’ windfall profits

News Desk4th April 20269th April 2026

4th April 20269th April 20261856

Spain has joined four other European Union countries in calling for a bloc-wide windfall tax on energy companies, as rising fuel prices linked to the...

Pedro Sánchez: Middle East conflict ‘much worse’ than 2003 invasion of Iraq

News Desk25th March 202630th March 2026

25th March 202630th March 20262200

Spanish Prime Minister Pedro Sánchez warned on Wednesday that the ongoing war in the Middle East represents a scenario ‘far worse’ than the 2003 invasion...

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